First Resource Bancorp, Inc. (OTCMKTS:FRSB) Stock Short Interest Falls 44.6%

First Resource Bancorp, Inc. (OTCMKTS:FRSB) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 150 shares, a decrease of 44.6% from the September 15th total of 271 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 435 shares, the short-interest ratio is currently 0.3 days.

First Resource Bancorp Price Performance

Shares of FRSB stock traded down $0.01 during trading on Thursday, reaching $25.99. The company had a trading volume of 684 shares, compared to its average volume of 4,870. The firm’s 50 day simple moving average is $25.54 and its two-hundred day simple moving average is $23.75. First Resource Bancorp has a one year low of $17.10 and a one year high of $26.50. The company has a market capitalization of $78.23 million, a PE ratio of 7.95 and a beta of 0.07.

First Resource Bancorp (OTCMKTS:FRSB) last announced its earnings results on Thursday, July 23rd. The financial services provider reported $0.92 earnings per share (EPS) for the quarter. The company had revenue of $8.53 million for the quarter.

First Resource Bancorp Company Profile

First Resource Bancorp, Inc is a bank holding company for First Resource Bank, a community-focused financial institution headquartered in Exton, Pennsylvania. The bank serves individuals, businesses and organizations primarily in southeastern Pennsylvania.

First Resource Bank provides traditional banking products and services, including checking and savings accounts, certificates of deposit, commercial and residential real estate lending, business loans, consumer loans and lines of credit.